Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2017
Sales and Use Tax Annotations
275.0000 GAS, ELECTRICITY AND WATER
(a) DELIVERY THROUGH MAINS, LINES OR PIPES
275.0170 Fuel Oil Exchanged for Steam. The exemption under section 6353 does not extend to the sale of fuel oil when transferred to acquire exempt steam and electricity. This type of transfer is an exchange sale of the fuel oil in which the measure of the sale cannot be less than the amount of credit allowed for the refinery fuel provided. The fact that the product received in exchange was steam or electricity, the sale of which is exempt under the provisions of Revenue and Taxation Code section 6353 is of no consequence. 6/25/91.